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Kevin Garnett blocked from purchase of minority ownership in European soccer club

Aug 5, 2012, 6:29 PM EST

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LeBron James can, but Kevin Garnett can’t. And there are good reasons why not.

KG wanted to buy a share in AS Roma, but the Boston Globe reports that Garnett was blocked from that bid. LeBron James is a minority owner in a club as well. The reason why one was legal and one was not all has to do with who owns them, and their affiliation with the NBA.

Kevin Garnett has a strong rooting interest in soccer, Chelsea and AC Milan his preferred clubs. There are several US-based owners of major European clubs, and Garnett last year decided to join them by agreeing to chip in to AS Roma. About the same time, LeBron James joined Fenway Sports Group, which controls Liverpool FC.

When the teams met last month in an exhibition at Fenway Park (Roma beat Liverpool, 2-1) it was revealed Garnett had been excluded from financial involvement with Roma. The NBA blocked the move because AS Roma’s principal investor is Celtics part-owner James Pallotta.

“If you enter into a business agreement with the owner of a team that doesn’t involve playing service, there are potential problems,” a league source said. “Maybe not in this case. But there is a chance of, say, making a contract a lot larger.”

James is allowed to invest in Liverpool because Fenway Sports Group has no connection with the NBA.

via Reggie Jackson plans to make noise with Thunder – Sports – The Boston Globe.

So if Garnett wanted to buy a share in any other team, he’d be able to, provided their ownership weren’t involved with the NBA. You’d think you wouldn’t have that kind of overlap, with as many billionaires as there are in the world.

It’s an interesting little development, but in largest part because I want you to imagine Kevin Garnett in a soccer scarf, chanting with a group of hooligans. Maybe picture him with a flag. Saying “oi.” There. Just wanted to share that image with you.

Now that you think about it, considering the insanity expressed by soccer fans, you start to understand why KG likes it so much. He’s tame by their standards.

HT: HoopsHype

  1. badintent - Aug 5, 2012 at 6:54 PM

    Yeah, after refusing to shake hands with the Heat, his trash talking will fit in nicely with trailer trash Euro-trash fans. May he can be the back up goalie. Love to see some bloke kick him in the mouth going for the ball.!! Quite.

    • drunkenjunk - Aug 5, 2012 at 7:07 PM

      “may he can be the back up goalie.” I see someone went to school in Florida.

    • adzs - Aug 5, 2012 at 8:31 PM

      We don’t have trailer trash in Europe, thats strictly confined to America; Even the gypsys have started to live in houses loool

  2. rodge1 - Aug 5, 2012 at 7:03 PM

    Karma

  3. jtchernak - Aug 5, 2012 at 7:04 PM

    What re you talking about he never shakes hands with anybody ever he hasn’t done in 17 years why would he start now

  4. rgledz - Aug 5, 2012 at 7:19 PM

    What a bunch of intellectuals we have here. You rip soccer and it’s fans just because it doesn’t interest you. Soccer is only the most popular game in the world with the most valued teams in all of sports. It has to be Euro trash…right?? Take a look at some of the “trash” you call NBA fans and get back to me.

    • hojo20 - Aug 5, 2012 at 10:15 PM

      Soccer sucks.

  5. dd2189 - Aug 5, 2012 at 7:37 PM

    Rgledz

    I couldn’t of said it any better.

  6. giselleisasucubus - Aug 5, 2012 at 7:40 PM

    Rgledz, take it easy boss. Every soccer fans gets their panties in a bunch anytime someone doesn’t like your sport. Yes, it is popular worldwide, but in the US, it isn’t as popular as soccer fanatics want to make it out to be, and hear is a newsflash-IT NEVER WILL BE. Check out the US ratings of NBA playoffs versus World Cup.

    • bucsnsincity - Aug 5, 2012 at 8:37 PM

      NBA finals 16.2 million average over the 5 games, world cup USA vs England 14.5 million… Take into Consideration one is the finals and the soccer match was in the stage group, not as lob sided as you might think. The world cup final was roughly 24.5 million in the U.S.hard to compare the two since a game final wi usually draw a bigger audience than a seven game series. Seems soccer is actually pretty popular MLS may not be but soccer itself is.

      • rushbacker - Aug 6, 2012 at 12:03 AM

        Who cares if it’s popular? It’s still painfully boring.

    • footballer4ever - Aug 6, 2012 at 12:11 PM

      “and hear is a newsflash…”. ROTFLOL, besides a hater, a dumb one!

  7. crohrbaugh - Aug 5, 2012 at 8:06 PM

    Well as an owner at least he couldn’t punch anyone in the balls.

  8. rgledz - Aug 5, 2012 at 8:11 PM

    So because it’s not as popular as the NBA it must be a bunch of trashy hooligans that watch it right? If you don’t like Soccer, that’s fine, but what is the point in ripping it just because of that reason alone? You can say it’s too slow (which is a load of crap, watch La Liga sometime) or they don’t score enough(because watching a ball go through a hoop 100 times a game is sooo compelling), but most of the people that rip it do so having never watched it at any point in time. Rip it and drop TV ratings on me. How impressive.

  9. chargerzz - Aug 5, 2012 at 8:24 PM

    The english premier league is more popular than the nfl and nba

  10. thenmoveback - Aug 5, 2012 at 8:31 PM

    Not in America

  11. pastabelly - Aug 5, 2012 at 9:16 PM

    KG will just have to wait a year.

  12. jea1117 - Aug 5, 2012 at 11:21 PM

    At the end of the day, this is America and NBA, NFL, and MLB rule. soccer is cool but it doesn’t dominant the best country in the world.

    • bucsnsincity - Aug 6, 2012 at 1:26 PM

      Well said…

  13. matthewcarlson1 - Aug 6, 2012 at 12:04 AM

    @r-something-z TV ratings are actually a perfect indicator of the popularity of a sport in a given country. I don’t know one person who actually follows soccer regularly. Real football is king in the USA.

  14. therealgts - Aug 6, 2012 at 1:35 AM

    I wouldn’t get too upset about people ripping soccer and supporting the NBA. This is pro basketball talk not soccer weekly. GTFO with this defending of soccer.

    • bucsnsincity - Aug 6, 2012 at 1:25 PM

      Read the article, it’s about a basketball player buying shares in a SOCCER team, funny how KG is trying to buy into a soccer team not a basketball team, just ask MJ how thats working out for him.

  15. diablito0402 - Aug 6, 2012 at 5:50 AM

    Hahaha espn ratings for world cup are low, but univision world cup rating will demolish nba finals ratings in the US.. Every spanish speaking household watches the world cup. Last superbowl 200 millon watched world wide,, world cup final something like 950 million,, do the math!!

  16. lakerluver - Aug 6, 2012 at 8:37 AM

    There is a good reason why soccer never quite caught on in America, MOST AMERICANS ARE INTERESTED IN IT! I’d rather watch paint dry.

    • deeballer - Aug 6, 2012 at 10:04 AM

      Funny lakerluver said MOST AMERICANS. You’re really referring to Black and White Americans, but you guys are becoming minorities pretty soon. I don’t belong to any of the groups that drive any ratings, but I do respect both sports since I’ve played them. It might not be your sport of choice, but bashing another sport because you dislike it is lame. I can’t stand watching baseball or any kind of baseball talk, but I do respect their skill sets and some level of athleticism that’s associated with the game.

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